Showing posts with label Pin Bar Setup. Show all posts
Showing posts with label Pin Bar Setup. Show all posts

Thursday, May 2, 2013

EURUSD HAS PIN BAR SETUP

EURUSD has formed pin bar setup in daily charts 
pair has showing rejection from level 1.3200 50% retracement ( as shown in charts)

resitance @1.3200 and support@ 1.3120 & 1.3050


Wednesday, January 2, 2013

EURUSD has strong resistance @1.33

EURUSD has formed Pin Bar Setup in daily chart
It has Strong resistance @1.33 pair has broken level 1.3150 targeting towards 1.3 & 1.2950


Friday, December 14, 2012

AUDUSD -20121214


AUDUSD has found resistance zone 1.06 to 1.0550 area 
Pair had rejected from level 1.06  (12/08/2012's high) & (14/09/2012's high) and now again pair is hovering near same level ( 1.055)and RSI (14) -65  where pair may find resistance 

If Pair fail to break this resistance then it may test strong support zone 1.0150area
breaks  and 
if Pair breaks resistance 1.0630 then it will be upside targeting +400pips


Thursday, August 30, 2012

EURUSD has formed triangle pattern & Elliot Wave


EURUSD has formed triangle pattern 

Yesterday Pair was in round 50pips range bound

As per Elliott Wave theory, Pair  lies in Wave (3) of Wave 5 (impulsive Wave)
If Pair breaks above 1.2582 then pair may test resistance 1.2740 
alternative view if Pair breaks below 1.25 then it will be temperary downside towards 1.24
Support @1.244 and resistance @1.2580,1.2690, 1.2740



Elliot Wave charts   refer counting in charts


Monday, July 30, 2012

EURUSD @ ELLIOT WAVE JUL 30

EURUSD has follow elliot wave theory 
Pair is in correction ABC wave 
Pair has resistance @1.24 and support @1.2220, 1.2160, and 1.2060
and also EUDUSD chart has Pin Bar resistance 
My Overall View is Bullish 
My main target @ 1.38